Insider Selling: 1-800-Flowers.com Inc. (FLWS) Insider Sells $119,146.08 in Stock
1-800-Flowers.com Inc. (NASDAQ:FLWS) insider David Taiclet sold 11,156 shares of the business’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $10.68, for a total value of $119,146.08. Following the completion of the sale, the insider now owns 398,841 shares of the company’s stock, valued at approximately $4,259,621.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
David Taiclet also recently made the following trade(s):
- On Tuesday, November 22nd, David Taiclet sold 45,274 shares of 1-800-Flowers.com stock. The shares were sold at an average price of $10.71, for a total value of $484,884.54.
1-800-Flowers.com Inc. (NASDAQ:FLWS) opened at 10.55 on Thursday. The firm has a market cap of $688.71 million, a price-to-earnings ratio of 27.69 and a beta of 1.67. 1-800-Flowers.com Inc. has a one year low of $6.11 and a one year high of $11.35. The company’s 50-day moving average price is $9.79 and its 200-day moving average price is $9.12.
TRADEMARK VIOLATION WARNING: “Insider Selling: 1-800-Flowers.com Inc. (FLWS) Insider Sells $119,146.08 in Stock” was first reported by Daily Political and is the propert of of Daily Political. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright laws. The original version of this piece of content can be accessed at http://www.dailypolitical.com/2016/12/01/insider-selling-1-800-flowers-com-inc-flws-insider-sells-119146-08-in-stock.html.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. Nine Chapters Capital Management LLC purchased a new position in 1-800-Flowers.com during the third quarter worth approximately $126,000. Raymond James & Associates increased its position in 1-800-Flowers.com by 9.2% in the second quarter. Raymond James & Associates now owns 14,300 shares of the company’s stock worth $129,000 after buying an additional 1,200 shares in the last quarter. Jag Capital Management LLC purchased a new position in 1-800-Flowers.com during the third quarter worth approximately $133,000. American International Group Inc. increased its position in 1-800-Flowers.com by 2.4% in the second quarter. American International Group Inc. now owns 14,986 shares of the company’s stock worth $135,000 after buying an additional 347 shares in the last quarter. Finally, Globeflex Capital L P increased its position in 1-800-Flowers.com by 30.2% in the second quarter. Globeflex Capital L P now owns 15,359 shares of the company’s stock worth $139,000 after buying an additional 3,559 shares in the last quarter. 33.62% of the stock is currently owned by institutional investors.
FLWS has been the topic of a number of recent research reports. Zacks Investment Research raised 1-800-Flowers.com from a “sell” rating to a “hold” rating in a report on Tuesday, September 13th. Noble Financial reissued a “buy” rating and issued a $12.50 target price (up previously from $11.00) on shares of 1-800-Flowers.com in a report on Monday, August 29th. Ladenburg Thalmann initiated coverage on 1-800-Flowers.com in a report on Wednesday, August 17th. They issued an “outperform” rating on the stock. Wunderlich boosted their target price on 1-800-Flowers.com from $9.00 to $12.00 and gave the company a “buy” rating in a report on Tuesday, August 23rd. Finally, B. Riley reissued a “buy” rating and issued a $12.50 target price on shares of 1-800-Flowers.com in a report on Tuesday, November 8th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. 1-800-Flowers.com currently has a consensus rating of “Buy” and a consensus target price of $12.38.
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
Receive News & Ratings for 1-800-Flowers.com Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-Flowers.com Inc. and related companies with MarketBeat.com's FREE daily email newsletter.